Friday, 9 October 2015
Last updated 3 hours ago
Feb 7 2007 | 11:21am ET
The Public Employees Retirement System of New Mexico on Feb. 6 approved an investment of $30 million in the Oz Master Fund II, the flagship multi-strategy hedge fund run by Och-Ziff Capital Management, and another $30 million to Davidson Kempner Institutional Partners, an event-driven hedge fund. Both allocations are to come from PERA’s fixed-income portfolio.
Marvin Davidson founded Davidson Kempner Capital Management in May 1983. The firm manages some $8.7 billion and invests in merger arbitrage, bankruptcy and restructuring situations and typically does not use leverage.
Daniel Och founded Och-Ziff in 1994 with $100 million from Daniel and Robert Ziff and has turned the firm into a global operation encompassing both hedge fund and private equity practices.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…